The Department of Trade and Industry has published a draft set of regulations to govern aspects of the debt re-arrangement application to court by both debt counsellors and debtors themselves, as well as applications to court for an order declaring credit agreements reckless agreement in terms of Section 86(7)(c).
A copy of the draft regulations is downloadable at polity.org.za , amongst other and submissions on the draft have to reach the DTI on or before the 25th February 2010.

With the continuing effects of the economic downturn being felt by businesses, the importance of good credit management has been magnified and all companies credit management policies and procedures need to be reviewed and upgraded in order to avoid your company becoming a statistic of the poor economy.
This is a half day seminar in Cape Town on the 8th March 2010 and in Durban on the 12th March 2010 aimed at commercial creditors (businesses who supply other businesses on credit). Specific staff who will benefit from this seminar are credit managers, …

With the continuing effects of the economic downturn being felt by businesses, the importance of good credit management has been magnified and all companies credit management policies and procedures need to be reviewed and upgraded in order to avoid your company becoming a statistic of the poor economy.
This is a half day seminar in Cape Town on the 8th March 2010 and in Durban on the 12th March 2010 aimed at commercial creditors (businesses who supply other businesses on credit). Specific staff who will benefit from this seminar are credit managers, …

Stats SA has release the following information:
The number of civil summonses issued for debt increases
In the three months ended November 2009 reflected a 5,1% increase in the total number of civil summonses issued for debt compared with the three months ended November 2008. An increase of 8,1% was recorded between November 2008 and November 2009 .
The major contributors to the increase in civil summonses issued for debt for the three months ended November 2009 compared with the three months ended November 2008 were civil summonses issued in respect of money …